Finance Minister Tendai Biti came under attack for his $20 million rescue of Renaissance Merchant Bank with most accusing the minister of double standards, adding that the deal was a waste of public funds. Reports said today Biti had authorised the National Social Security Authority to pump out $20 million into the troubled bank to prevent a possible sector-wide contagion.
(28 VIEWS)
Zimbabwe is among the top 30 countries in the world with the widest gap between…
Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…
The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…
Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…
Zimbabwe’s capital, Harare, which is a metropolitan province, is the least democratic province in the…